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Crispy

Registered: Jul 2009
Posts: 742

11-09-11 08:28 PM

Quote from hitnrun:

nothing wrong with retail or prop actually personal preference
you get 100 % payout of profits is all that matters

you assume to much & you don't know squat

by the way portfolio margining is 6.67 to 1

get your lies straight next time

Not at GSEC. Its 6-1

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hitnrun

Registered: Sep 2011
Posts: 514

11-09-11 08:30 PM

nothing wrong with retail or prop actually personal preference
you get 99 % payout of profits is all that matters

you assume too much & you don't know squat

i made the post for your fyi since you think bright is retail

you have a lot to learn

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hitnrun

Registered: Sep 2011
Posts: 514

11-09-11 08:35 PM

prop is the way to go 20-50 to 1 with all the tools & best commissions
prop is good for those that can be licensed
prop is all about leverage aka use other people's money
retail does not measure up whatever floats your boat

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Crispy

Registered: Jul 2009
Posts: 742

11-09-11 08:38 PM

Quote from hitnrun:

100 % payout of profits is all that matters

"The source of account funding and profit and loss split should be documented. A split which provides all or virtually all of the P & L to the trader is likely a red flag that the account is a customer account."

https://www.cboe.org/publish/RegCir/RG10-101.pdf
---------------------------------------------------------------

Sounds like retail to me.

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hitnrun

Registered: Sep 2011
Posts: 514

11-09-11 08:42 PM

typo. my bad. actually 99 % payout for prop
all the same to me

would not want to pay those high gsec commissions

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Crispy

Registered: Jul 2009
Posts: 742

11-09-11 08:52 PM

Quote from hitnrun:

typo. my bad. actually 99 % payout for prop
all the same to me

would not want to pay those high gsec commissions

Bright clears GSEC. The rates are in line with GSEC direct.

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